SDL 0.00% 0.6¢ sundance resources limited

noble raising for china regulatory approval ?, page-15

  1. 560 Posts.
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    drs

    I believed there was goimg to be a CR but still bought in just below 0.10 when I saw the run up. Some on here have been scaring the shite out of sdl holders with their doomsday predictions of CR at some ridiculous price. They have shorted shares before I for one never believed them when they say they bought in to trade it up. They could have been caught in the run up and wanted the sp to be down.

    If you still beleive in the project being a reality at these prices it is still a bargain. If you look at some companies that had a CR but with great potential, initially the sp will fall when the CR is announced. But once it has been digested and they see why they raise the $, the sp starts it upward trend again. The CR is to get us through till we have the tender finalised. Then we will see the equity stake by a major player.

    What I didn't like was that GJ said no CR.

    But DYOR
 
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